Direct Merchants Credit Card Bank, National Association
Scottsdale, AZ — National Bank
Acquired Dec 2005
Investment in Unconsolidated Subsidiaries Over Time
| Investment in Unconsolidated Subsidiaries | All Insured Commercial Banks in Arizona |
| 09-30-2005 | 3,629,000 |
| 06-30-2005 | 3,449,000 |
| 03-31-2005 | 3,621,000 |
| 12-31-2002 | 3,707,000 |